Bank Merger List 2025

In 2019, the Indian banking system saw significant changes with the government’s plan to merge many public sector banks. This is done to strengthen the banks and improve customer reach as well as efficiency.

When banks merge, the assets, liabilities, and operations of a number of banks are combined under a single entity. Sometimes this leads to confusion in the customers about their accounts and branches, but there is nothing to worry about. 

If your bank has been merged with another, you will be guided by the bank officials through regular communications. To make it easier for you, we’ve compiled a list of banks that have recently merged. 

This article will also answer all your questions related to bank mergers in India. 

List of Merged Banks

Here is a list of all the public sector banks that were merged into other banks to make them more robust. Out of the 12 total, these 6 were formed after the bank merger in India was announced-

List of Banks That were Not Merged

Out of the total 12, 6 banks remained independent after the bank merger in India was announced. Here is a list of the 6 banks which are operating as separate identities-

1. Indian Overseas Bank

2. UCO Bank

3. Bank of Maharashtra

4. Punjab and Sind Bank

5. Bank of India

6. Central Bank of India

Conclusion

At present, there are only 12 public sector banks functioning in India. 6 of them have been formed by merging several smaller banks making them more global in nature. The other 6 remain independent entities.

In most cases, bank mergers are positive news and you have nothing to worry about. Your current bank officials will give you all necessary information about any mergers beforehand. They will also guide you as to how you can continue your banking operations as usual.